Key Points:
As was announced earlier, as the popularity of BRC-20 increased, the number of BRC20 tokens deposited into Gate.io increased sharply, and the demand for withdrawal of BRC-20 tokens also increased. In response, the exchange will open the BRC-20 withdrawal service as soon as the BRC-20 function is safe and stable, scheduled for May 18-19.
Gate opened the BRC-20 ORDI Token withdrawal on May 19, but it was heavily criticized by the community because the withdrawal fee was as high as 65 ORDI (about $800), and Gate later reduced the fee to 5.58 ORDI (still over $66).
Keeping up with the explosive trend of the BRC-20 token, the crypto trading platform announced on May 8 a breakthrough milestone as the BRC-20 currency exchange and trading platform first to list five BRC-20 tokens: ORDI, VMPX, MEME, BANKBRC and PEPEBRC. The listing event puts Gate in the lead in providing access to these cutting-edge tokens to its users – cementing its reputation as a trusted solution for exchanges to trade tokens newspaper BRC-20.
As the first BRC-20 token ever created, ORDI was designed initially as a meme to showcase the potential of the new standard. With a limited rollout of 1,000 tokens per mint and a total supply of 21 million tokens, ORDI’s creation has inspired many startups to develop tools for users to use mint BRC-20 tokens and store them in their wallets.
Currently, the ORDI token is down 5% and is trading at $12.4, down 58.68% from its peak at $29.16.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Foxy
Coincu News
A $144 million crypto whale says WallitIQ (WLTQ) will rally 55,000%, and XRP price is…
Looking for short-term crypto investments? Explore Qubetics, Chainlink, and Kaspa, their unique benefits, and why…
Discover why BTFD Coin, Dogwifhat, and Act I are the best meme coins with 1000X…
Solana (SOL) and Ripple (XRP have been regarded as leading cryptocurrencies in the market.
Discover the best coins to join this weekend, including Qubetics, Ethereum, and Filecoin. Explore Qubetics’…
In this regard, Pudgy Penguins (PENGU), VeChain (VET) and Remittix (RTX) are all sub ten-cent…
This website uses cookies.